BOJ intervenes to defend yen near 160, holds rates steady
Japan’s central bank held interest rates steady at 1.0% on Friday after a reported major intervention in the yen. Key…
Category: Financial
ECB says digital euro app will exceed EU accessibility standards
The European Central Bank (ECB) said Thursday its planned digital euro app will exceed the accessibility requirements of the European…
South Korea has approved new sovereign fund account for AI and strategic sectors
South Korea has approved plans to establish a new 20 trillion won investment account within its sovereign wealth fund to…
Stablecoin remittances hit 9% in Bank of Italy test
Banca d’Italia has released a July 2026 study finding that stablecoin remittances do not consistently beat traditional transfer services on…
Crypto keeps losing to Ken Griffin’s Citadel
Ken Griffin’s Citadel has bought most of Situational Awareness’ AI stock portfolio at a discount, a move that represents another…
Tether reports $1.5 billion Q2 profit and boosts gold reserves
Tether posted approximately $1.5 billion in net operating profit during the second quarter of 2026, supported mainly by returns from…
Quantum computing nears commercial breakthrough, IBM CEO says
Quantum computing may be approaching its biggest milestone yet: generating meaningful commercial revenue, according to IBM CEO Arvind Krishna, who…
Saeed Al-Marri: How Tokenization Is Opening Maritime Shipping Funds
Demystifying RWA Tokenization and Illiquidity Commercial maritime shipping has for centuries remained one of global finance’s most capital-intensive and exclusive…
AI Economy Can Jumpstart Dollar Stablecoin Dominance
AMRO Economists Argue American AI Dominance Might Cement Stablecoin Popularity Two economists from the ASEAN+3 Macroeconomic Research Office (AMRO) suggest…
Hawkish Voices Rise Within the FED: Three Members Explain Why They Want an Interest Rate Hike!
As is known, the US Federal Reserve (FED) announced its eagerly awaited July decision and, as expected, kept the policy…